Cyprus businesses must maintain proper and accurate accounting records, reflecting all financial transactions, at the registered office or a designated location. We got you covered.

Cyprus businesses must maintain accurate accounting records at their registered office or a location designated by the directors or business owners, showcasing all financial transactions, including receipts, expenses, sales, purchases, assets, and liabilities.

Our bookkeeping services include but are not limited to:

  • Recording of transactions on our well-established computerized accounting software, tailored-made to the rules and regulations in Cyprus, as well as the requirements of specific industries.
  • Preparation of monthly bank reconciliations and agreement with bank balances.
  • Preparation of monthly debtors' and creditors' reconciliations and communication with counterparties ensuring agreement of balances.
  • Loan calculations, ensuring accurate recording of the terms and conditions of loan and other similar contracts.
  • Recording of monthly payroll in the accounting records of the business.
  • Registering businesses with the Cyprus tax authorities and obtaining the relevant TIC and VAT number.
  • Advising on the regulations for VAT within Cyprus and the European Union.
  • Preparation and submission of VAT and other relevant reports.
  • Assisting clients in VAT investigations where necessary.
  • Preparation of monthly management reports which analyse and summarise the business transactions and affairs.
  • Preparation of annual statutory financial statements under International Financial Reporting Standards (IFRS).

With more than 50 years of experience, PGE&Co is your best choice.

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